Angelica _ann wrote:Dividends on shares for individuals the w/holding tax is 5%, what about if the investing entity is a limited company?
Same 5% as individuals .
Please note that for foreign individual investors like us, we are charged higher, a withholding tax of 10% of dividend.
Call it tithe on dividends .
This is not peculiar to Nairobi bourse.In general non resident foreign investors everyway always pay higher withholding tax on dividend income.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .